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SolomonsView
24 Sep 2020 pukul 17.00

#CRUDEOIL headed down in Wave C Penjualan

Crude Oil FuturesNYMEX

Deskripsi

#CRUDEOIL should head down below recent lows in wave C as part of the correction following the break out from the ending diagonal .

Trade aktif

#CRUDEOIL moving down in Wave C as anticipated. Continue holding short positions. expected range is 30-34. We'll look at this more closely as the downtrend progresses
Komentar
charliew1211
Hi, just a quick question, I'm not to brushed up on Elliott wave theory, does wave c usually pass a low as a rule then?
SolomonsView
@charliew1211, yes Charlie , almost always. C is usually = A or 1.6 times A . This means it will overshoot A on the charts

There are other situations but this may be limited space to explain
charliew1211
@SolomonsView, Thanks Solomon, much appreciated
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